Duplex with Covered
3670 WILLAMETTE St Eugene, OR 97405
New
For Sale
$500,000
MULTI_FAMILY - Eugene, OR
Property Size2,176 SF
Lot Size0.20 Acres
Price / SF$229.78
Days on Market2
Property Features for 3670 WILLAMETTE St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-1
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 1
- Standard status
- Active
- APN
- 0642866
- Size
- 2,176 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- 18-03-07-42-09500
- Tax Annual Amount
- 4762
Utilities
- Heating system
- Zoned, Radiant
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing Agency:
Elite Realty Professionals
(541) 484-6000
Listed By:
Jamie Paddock · License #200703411
(541) 484-6000
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 8:06AM
MLS# 747635829
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two light-filled residential units. Each unit features two bedrooms, one bathroom, and more than 1,000 square feet of living space. Both sides include cozy fireplaces, in-unit laundry, covered patios, and storage, along with individual carports. Additional parking is also available.
The property is located in South Eugene and provides easy access to schools, grocery stores, shopping, restaurants, and nearby parks, running and biking paths, and hiking trails.
With a total building size of 2,176 square feet on a 0.2-acre lot and R-1 zoning, the duplex presents a straightforward residential income configuration with separate unit amenities and multiple on-site parking options.
The property is located in South Eugene and provides easy access to schools, grocery stores, shopping, restaurants, and nearby parks, running and biking paths, and hiking trails.
With a total building size of 2,176 square feet on a 0.2-acre lot and R-1 zoning, the duplex presents a straightforward residential income configuration with separate unit amenities and multiple on-site parking options.
Key Highlights
- Turnkey duplex built in 1968 with two light‑filled 2‑bedroom, 1‑bath units
- Each unit has over 1,000 SF, plus a laundry area and covered patio
- Both sides include cozy fireplaces, spacious primary bedrooms, storage, and individual carports
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $12.96 |
| − Vacancy | −$321 | −$0.15 |
| EGI | $27.9k | $12.81 |
| − OpEx | −$8.4k | −$3.84 |
| NOI | $19.5k | $8.97 |
2,176 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$278.8K
$244.0K – $325.3K
NOI $19,516 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.8K
NOI $17,027 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$656.5K
$574.5K – $766.0K
NOI $45,957 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with 2BR/1BA layouts, in-unit laundry, covered patios, storage, and individual carports.
Where is this duplex located?
The property is located at 3670 WILLAMETTE St Eugene, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Turnkey duplex built in 1968 with two light‑filled 2‑bedroom, 1‑bath units; Each unit has over 1,000 SF, plus a laundry area and covered patio; Both sides include cozy fireplaces, spacious primary bedrooms, storage, and individual carports
